Utah criminally charges Kalshi with promoting illegal gambling

Left-leaning 1

Only this side used: fast-expandinganti-gamblingexecutivesregulatory

• The Guardian left

  Firm calls charges, which include violating state gambling ban and profiting from illegal activity, ‘crazy overreach’ Utah on Wednesday filed criminal charges against prediction market operator Kalshi and two of its executives, months after a federal judge rejected Kalshi’s effort to prevent Utah from enforcing its strict anti-gambling laws against the activity. The felony charges could represent a new tactic in how states try to assert regulatory authority over the fast-expanding activity, a cl
  

Center 1

Only this side used: escalatingfoundersregulatemarkets

• KSAT center

  Utah charges Kalshi and its founders, escalating a fight over who can regulate prediction markets

Right-leaning 0

No right-leaning outlet we follow has covered this.